Business & Tech
Foot Locker Signs Lease For 111,000 SF Office In St. Petersburg
The Fortune 500 company Foot Locker signed a lease for 111,000 square feet at 570 Carillon Parkway in St. Petersburg.
ST. PETERSBURG, FL — Foot Locker signed a lease for 111,000 square feet at 570 Carillon Parkway, a Class A office building, as the footwear and apparel retailer relocates its global headquarters to St. Petersburg, The Feil Organization, a real estate investment firm, said in a news release.
The Fortune 500 company announced in August its intention to relocate to St. Petersburg.
“We’re proud to establish our new headquarters in St. Petersburg, a city that has warmly welcomed Foot Locker, Inc.," Frank Bracken, president of Foot Locker, said. “As we accelerate our Lace Up Plan, we believe the metropolitan Tampa Bay area provides the perfect environment to align our internal teams, attract top talent, and connect with the local community. With many of our team members already calling this city home, we’re excited to deepen our roots, foster connectivity, and create greater alignment and inspiration for our team and brand partners to bring sneaker culture to life.”
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The company’s move to St. Petersburg will bring about 150 jobs to the area and contribute $18 million to local payrolls and is expected to have about a $37 million local economic impact, Mayor Ken Welch wrote in a Facebook post.
“When a company of Foot Locker's size and influence relocates its headquarters, leadership, and team members to the Tampa Bay region, it’s an investment in the promise of St. Pete’s culture, workforce, and local economy,” the mayor wrote, adding, “This is a big win for St. Pete, and we’re just getting started! We remain committed to sustaining an impactful business environment so companies of all sizes can call St. Petersburg home.”
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